Fluid Suspends USR Market Trading Due to Resolv Hack Incident, Commits to Full Compensation for Potential Bad Debts

FLUID-3.88%
Gate News Report, March 22 — DeFi protocol Fluid announced that it has been informed of the Resolv hacking incident. Fluid's automatic limit mechanism prevented excessive lending of funds. USR market trading has been suspended, and the situation is under control. Fluid stated that if there are any bad debts remaining in the protocol, all user losses will be fully compensated. User funds and protocol security are Fluid's top priorities. A comprehensive review is currently underway, and a detailed post-incident report will be released after the investigation is complete.
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